RICHARD J. GIACCO - Corporate Board Profile

ACORN ENERGY, INC.

Filing Date	Source Excerpt
2006-08-23	Richard J. Giacco has been President of Empower Materials, Inc., a manufacturer of carbon dioxide based thermoplastics, since January 1999.
2007-11-15	Richard J. Giacco has been a director since September 2006. ... Mr. Giacco currently serves as the Chair of the Audit Committee of the Board of Directors of Ministry of Caring, Inc., and the Chair of the Finance Committee of the Board of Directors of Sacred Heart Village, Inc. ... In October 2007, the Audit Committee was reestablished. Mr. Giacco, Mr. Musanti, and Dr. Zentman currently serve on the Audit Committee. Mr. Musanti acts as Chairman of the Audit Committee. ... The following table sets forth the compensation paid by the Company to non-employee Directors for the fiscal year ended December 31, 2006: ... Richard J. Giacco 6,000 fees + 8,362 option awards = 14,362 total.
2008-10-08	Richard J. Giacco was elected to the Board in September 2006. Mr. Giacco has been President of Empower Materials, Inc., a manufacturer of carbon dioxide-based thermoplastics, since January 1999. Mr. Giacco is also a Managing Member of Ajedium Film Group, LLC, a manufacturer of thermoplastic films whose operating assets were sold to the Solvay Solexis, Inc. subsidiary of Solvay S.A. in August 2008. Mr. Giacco served as Associate General Counsel of Safeguard Scientifics, Inc. from 1984 to 1990. Mr. Giacco presently serves as a Member of the Audit Committee of the Board of Directors of Ministry of Caring, Inc., and the President of the Board of Directors of Sacred Heart Village, Inc.
2009-06-22	Richard J. Giacco was elected to the Board in September 2006. Mr. Giacco has been President of Empower Materials, Inc., a manufacturer of carbon dioxide based thermoplastics, since January 1999. Mr. Giacco was also the Managing Member of Ajedium Film Group, LLC, a manufacturer of thermoplastic films, from inception in 2002 until its sale in 2008. Mr. Giacco served as Associate General Counsel of Safeguard Scientifics, Inc. from 1984 to 1990. Total compensation was $95,557.
2010-04-28	Richard J. Giacco was elected to the Board in September 2006. Mr. Giacco has been President of Empower Materials, Inc., a manufacturer of carbon dioxide based thermoplastics, since January 1999. Mr. Giacco was the Managing Member of Ajedium Film Group, LLC, a manufacturer of thermoplastic films from its inception until its sale in 2008. Mr. Giacco served as Associate General Counsel of Safeguard Scientifics, Inc. from 1984 to 1990.
2011-09-09	Richard J. Giacco was elected to the Board in September 2006. ... Director Compensation Table shows total compensation for 2010 as $79,860.
2012-07-26	Richard J. Giacco was elected to the Board in September 2006. Mr. Giacco has been President of Empower Materials, Inc., a manufacturer of carbon dioxide based thermoplastics, since January 1999. Mr. Giacco was the Managing Member of Ajedium Film Group, LLC, a manufacturer of thermoplastic films from its inception until its sale in 2008. Mr. Giacco served as Associate General Counsel of Safeguard Scientifics, Inc. from 1984 to 1990. Key Attributes, Experience and Skills. Mr. Giacco brings strong operational and strategic background and valuable business, leadership and management experience to our Company. Mr. Giacco’s experience helping to lead the growth and ultimate sale of a family business provides strategic vision and insights as the Company implements its growth strategies. Mr. Giacco also brings legal experience to the Board. The members of the Compensation Committee are Richard Giacco (Chairman) and Joseph Musanti, both of whom are independent in accordance with NASDAQ's requirement for independent director oversight of executive officer compensation. The Compensation Committee did not meet in 2011. The following table sets forth information concerning the compensation earned for service on our Board of Directors during the fiscal year ended December 31, 2011 by each individual (other than Mr. Moore who is not separately compensated for Board service) who served as a director at any time during the fiscal year. DIRECTOR COMPENSATION IN 2011: Richard J. Giacco Fees Earned or Paid in Cash ($) 42,000 Option Awards ($) 25,213 All Other Compensation ($) — Total ($) 67,213.